A Director at Nortech Systems Inc (NASDAQ: NSYS) is Buying Shares

By Carrie Williams

Today, a Director at Nortech Systems Inc (NASDAQ: NSYS), Kenneth D. Larson, bought shares of NSYS for $7,100.

Following this transaction Kenneth D. Larson’s holding in the company was increased by 40% to a total of $17.65K.

The company has a one year high of $5.52 and a one year low of $1.69. NSYS’s market cap is $10.33M and the company has a P/E ratio of 353. Currently, Nortech Systems Inc has an average volume of 22.33K.

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Nortech Systems, Inc. is a manufacturer and service provider of electro-mechanical products. The company engages in providing cable assemblies, printed circuit, board assemblies, and complete box build assemblies for a wide range of industries. It offers value added services and technical support, including design, testing, prototyping and supply chain management to customers mainly in the aerospace and defense, medical and industrial equipment markets. The company was founded in December 1990 and is headquartered in Maple Grove, MN.